10 Lottery Stocks Under $10
Unlike any of my other screens, this screen focuses on stocks trading under $10/share, and have a market cap of around $1 billion or less. As for the variables that I used in the screen, I focused on fundamentals, particularly companies that have a healthy balance sheet with little debt to speak of, with a strong prospect for rapid sales and growth in earnings, as well.
Now be aware, that these kinds of stocks carry huge risks to them. A simple downgrade, news event, or missed earnings target, can derail these small-cap stocks in a heart beat. But if you have some capital that you want to roll the dice with, these stocks will give you a good start in your research.
The stocks that I like the best from a technical perspective include Infinera Corp (INFN) which is currently breaking out, GMX Resources (GMXR) which is also trying to do the same, followed finally by Ariad Pharmaceuticals (ARIA) which could likewise breakout in the days ahead.
Here are my $10 Lottery Specials.